You FiT returns. how much?

Chip

Thanks again , any more?

mysterons

3.96kwp system installed October 2010, FITs contract with E.On started 4/11/2010. Have now received a full years (4 quarters) payments totalling £1960 since start of contract.
The only fly in the ointment is that I paid £14k and the same system was on sale for around £11k prior to the FITs reduction announcement.

zeupater

mysterons wrote: »

3.96kwp system installed October 2010, FITs contract with E.On started 4/11/2010. Have now received a full years (4 quarters) payments totalling £1960 since start of contract.
The only fly in the ointment is that I paid £14k and the same system was on sale for around £11k prior to the FITs reduction announcement.

... so currently running at a loss when compared to current costs, and will be for a few years yet too .... :)

same boat here ....

Z

bjohnson

zeupater wrote: »

... so currently running at a loss when compared to current costs, and will be for a few years yet too .... :)

same boat here ....

Z

Like you I paid over the odds by current prices but I estimate that I am getting at least 8% return which is pretty good especially when it is tax-free. The money that I used had been sitting in a bank account and earning about 1%.

celerity

We're at 96% estimated value for our first year, with nearly five months to go.
Payments from Eon have been prompt, so no complaints or regrets so far!

/\dam

raider

Chip wrote: »

Thanks again , any more?

Hi Chip.

300+ UK SolarPV systems on PVOutput.org.

Can easily work out the rough FIT payments.

http://www.pvoutput.org/map.jsp?country=243